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Petroleo Brasileiro SA Petrobras (
PBR.A) pushed the Energy industry higher today making it today's featured energy leader. The industry as a whole closed the day up 0.4%. By the end of trading, Petroleo Brasileiro SA Petrobras rose 52 cents (2.7%) to $19.58 on light volume. Throughout the day, 5.2 million shares of Petroleo Brasileiro SA Petrobras exchanged hands as compared to its average daily volume of 8.6 million shares. The stock ranged in a price between $19.19-$19.63 after having opened the day at $19.23 as compared to the previous trading day's close of $19.06. Other companies within the Energy industry that increased today were:
Tengasco (
TGC), up 7.5%,
GeoGlobal Resources (
GGR), up 7.1%,
Hercules Offshore (
HERO), up 6.1%, and
Pacific Drilling (
PACD), up 5.7%.

Petroleo Brasileiro S.A. primarily engages in oil and natural gas exploration and production, refining, trade, and transportation businesses. Petroleo Brasileiro SA Petrobras has a market cap of $124.44 billion and is part of the
basic materials sector. The company has a P/E ratio of 7.1, below the S&P 500 P/E ratio of 17.7. Shares are down 18.1% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Petroleo Brasileiro SA Petrobras as a
hold. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.